August 2023 (Revised October 2024)
Supplement
HBS Case Collection

Accounting Outages at Plug Power? (B)

By: Jonas Heese, Joseph Pacelli and James Barnett

Format:Print
| Language:English
| Pages:9

Abstract

The case is set in spring 2021, immediately after Plug Power made financial restatements dating back to 2018. The case describes the restatements, which revealed that Plug was reclassifying expense items to boost gross profits.

Keywords

Environmental Accounting; Financial Reporting; Ethics; Profit; Management; Social Enterprise; Energy Industry; Green Technology Industry; United States; Europe

Citation

Heese, Jonas, Joseph Pacelli, and James Barnett. "Accounting Outages at Plug Power? (B)." Harvard Business School Supplement 124-018, August 2023. (Revised October 2024.)